Some of the reason why franchises fails

When it comes to starting a business, many people choose to own a franchise based on the belief that success is guaranteed. Unfortunately, this is not always true, being a franchisee can be the fast track to success and it should be clear that this supposed success is NOT anchored to the franchise contract, the success of it depends on many internal and external factors. It is, therefore, important to understand the pros and cons of owning a franchise to ensure you are making the best decision for your particular situation.

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